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Assuming that the company decides to buy the new equipment now, calculate the initial investment....

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Accounting

Assuming that the company decides to buy the new equipment now, calculate the initial investment. correct answer : 2701100
Calculate the net present value of investing in the new equipment. (If the net present value is negative, use either a negative sign preceding the number e.g -45 or parentheses e.g.(45). For calculation purposes, use 5 decimal places as displayed in the factor table provided,e.g.1.25124 and final answers to O decimal places, eg.5,275.)
If the maximum acceptable payback period for the company is 8 years, calculate the payback period on this investment. (Round answer to 1 decimal place, e.g.12.5.)
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